topic Re: Joint Credit Cards affecting Ur Credit score ? in General Credit Topics

Joint Credit Cards affecting Ur Credit score ?

Anonymous — Mon, 19 May 2008 15:59:04 GMT

Quick Question : Getting ready to get married soon. My fico score is 751 and have 2 credit cards in my name only. The girl I'm going to marry has a credit score of 802. My question is should I cancell my cards and her and I get a joint card or her get one and me just be the additional card holder ? We don't really carry balances and use the card much. Or better yet how could I position everything to increase my score ? Thank's everyone

Re: Joint Credit Cards affecting Ur Credit score ?

Anonymous — Mon, 19 May 2008 16:52:02 GMT

You have a very good CS. Why not each of you just keep your current CC's. If you only have 2 CC's and PIF each mth, then you must just be needing to let your average credit age grow and that will bring your score up. Not knowing age of cards and such this is just MHO on what might keep you from getting higher scores. But once you get on 750 it seems a slow climb. I know my score only goes up abt once every six mths and just 3-6 points. Congrats on your upcoming marriage. Good Luck Vicki

Re: Joint Credit Cards affecting Ur Credit score ?

Anonymous — Mon, 19 May 2008 17:06:30 GMT

hoopsbookie wrote:
Quick Question : Getting ready to get married soon. My fico score is 751 and have 2 credit cards in my name only. The girl I'm going to marry has a credit score of 802. My question is should I cancell my cards and her and I get a joint card or her get one and me just be the additional card holder ? We don't really carry balances and use the card much. Or better yet how could I position everything to increase my score ? Thank's everyone

Most credit experts will say always keep credit seperate in marriage. The only thing suggested to be joint is a mortgage.

The biggest reason is because if one was to get sick, lose job, whatever and you were unable to pay all the bills, you could save one of ya'lls credit.

IMO, I would leave things the way they are, you both have good scores.